The Crypto Tape – Doing Treasuries Right with Joseph Chalom

Joseph Chalom, co-CEO of SharpLink and a 20-year BlackRock veteran, joins Frank Chaparro to explain what separates a digital asset treasury that survives from one that blows up.Joseph makes the case that a productive, yield-bearing asset like ETH changes the entire treasury model, so the goal becomes growing ETH per share rather than accumulating at shareholders' expense. He argues the market has pigeonholed Ethereum, walks through the "scoreboard" of settlement, tokenization, and DeFi activity he says shows it winning, and details the newly announced ETH Labs, a stakeholder-funded home for Ethereum's institutional roadmap that its backers intentionally do not control. A conversation about market structure, treasuries, and Ethereum's long game, from someone who spent two decades inside the world's largest asset manager.